The Cabinet’s recent approval of over Rs 10,300 crore for the IndiaAI Mission is set to revolutionize India’s AI ecosystem. With a focus on empowering AI startups and expanding access to compute infrastructure, this significant financial allocation over the next five years will pave the way for groundbreaking initiatives such as the IndiaAI Compute Capacity, Innovation Centre, Datasets Platform, Application Development Initiative, FutureSkills, Startup Financing, and Safe & Trusted AI. Union Minister Rajeev Chandrasekhar emphasized the transformative potential of this investment, highlighting the strategic importance of AI for India’s digital economy and the world. This funding injection will not only benefit Indian citizens but also position India as a key player in shaping the future of AI on a global scale.
IndiaAI Mission Receives Rs 10,300 Crore Boost: Accelerating AI Innovation & Startups
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